Entdeckt: Neue Microsoft!

"We are very excited to extend our level of services and support to our combined customer base," said Ken Lally, CEO of SimuTech Group. "For some time now, all of our offices have been working together on an informal basis. By collectively operating as a single company, we effectively expand our pool of resources and technical expertise to allow us to provide the most appropriate and best level of service for each of our customers -- regardless of geographic location or industry."

"We are fortunate that our largest distributor in North America is making this strategic move to sustain and further build on the success of our Company's products," said Joe Fairbanks, vice president, global sales and support at ANSYS, Inc. "It demonstrates their commitment to provide ever-increasing value to the ANSYS community."

MFG
Chali

   * Total non-GAAP revenue of $111.2 million in the fourth quarter
     of 2007 as compared to $90.4 million in the fourth quarter of
     2006; total non- GAAP revenue of $387.2 million in 2007 as
     compared to $282.0 million in 2006; total GAAP revenue of $111.2
     million in the fourth quarter of 2007 as compared to $85.2
     million in the fourth quarter of 2006; total GAAP revenue of
     $385.3 million in 2007 as compared to $263.6 million in 2006;

   * A non-GAAP operating profit margin of 43.2% in the fourth
     quarter of 2007 as compared to 38.1% in the fourth quarter of
     2006; a non-GAAP operating profit margin of 43.3% in 2007 as
     compared to 38.7% in 2006; a GAAP operating profit margin of
     34.1% in the fourth quarter of 2007 as compared to 23.4% in the
     fourth quarter of 2006; a GAAP operating profit margin of 32.9%
     in 2007 as compared to 13.7% in 2006;

   * Non-GAAP net income (see *Note below) of $36.0 million in the
     fourth quarter of 2007 as compared to $21.5 million in the
     fourth quarter of 2006; non-GAAP net income of $109.0 million in
     2007 as compared to $70.7 million in 2006; GAAP net income of
     $29.3 million in the fourth quarter of 2007 as compared to GAAP
     net income of $12.3 million in the fourth quarter of 2006; GAAP
     net income of $82.4 million in 2007 as compared to GAAP net
     income of $14.2 million in 2006; and

   * Non-GAAP diluted earnings per share (see *Note below) of $0.44
     in the fourth quarter of 2007 as compared to $0.27 in the fourth
     quarter of 2006; non-GAAP diluted earnings per share of $1.34 in
     2007 as compared to $0.92 in 2006; GAAP diluted earnings per
     share of $0.36 in the fourth quarter of 2007 as compared to GAAP
     diluted earnings per share of $0.15 in the fourth quarter of
     2006; GAAP diluted earnings per share of $1.02 in 2007 as
     compared to GAAP diluted earnings per share of $0.19 in 2006.

* Note: The GAAP and non-GAAP net income and earnings per share data for 2007 presented above include approximately $3 million, or $0.04 per share, in tax benefits during the fourth quarter of 2007, primarily related to (1) reductions in the Company's accrual related to uncertain tax positions associated with the filing of voluntary disclosure agreements in various state taxing jurisdictions, (2) reductions in the Company's U.S. net deferred tax liabilities associated with the merger of two U.S. legal entities, (3) a favorable adjustment to the Company's previous estimate for taxes owed in a foreign jurisdiction as a result of the completion of the related tax filing and (4) reductions in certain deferred tax liabilities in foreign jurisdictions related to prospective income tax rate changes adopted by the foreign jurisdiction.

The Company's GAAP results reflect stock-based compensation charges related to SFAS No. 123R, ``Share-Based Payment,'' of approximately $2.5 million ($2.1 million after tax), or $0.03 diluted earnings per share, for the fourth quarter of 2007 and approximately $8.9 million ($7.4 million after tax), or $0.09 diluted earnings per share, for 2007.

The non-GAAP financial results highlighted above and the non-GAAP financial outlook for 2008 discussed below represent non-GAAP financial measures. A reconciliation of these measures to the appropriate GAAP measures, for the three months and twelve months ended December 31, 2007 and 2006 as well as the 2008 financial outlook, is included in the condensed financial information included in this release.

Continuing his comments, Cashman noted, ``We began 2007 with strong business and customer momentum and are pleased that we were able to leverage that momentum throughout the year to close out the fourth quarter with double-digit growth in all major geographies. Our focus on innovation, simulation and transformation is enabling us to solve our customers' emerging and ever more complex problems, fueling the demand for our products and increasing our opportunities for further penetration in all major industry segments.''

Cashman concluded by saying, ``As we enter 2008, we are very encouraged by the positive adoption levels we are experiencing and believe we have a very strong foundation for continued, long-term growth and financial success. While we are increasing our outlook for the year, we are also cognizant of the uncertainties relative to the current volatility in the capital markets, as well as concerns about economic slowdowns in certain major geographies. We believe we are well positioned to invest in and capitalize on the global market opportunities for growth and to leverage our extensive customer base, strategic vision, technology leadership, and solid business model to drive continued technological and operational excellence.''

Management's Remaining 2008 Financial Outlook

The Company has provided its 2008 revenue and earnings per share guidance below. The earnings per share guidance is provided on both a GAAP basis and a non-GAAP basis. Non-GAAP diluted earnings per share excludes charges for stock-based compensation and acquisition-related amortization of intangible assets.

As required by SFAS No. 123R and guidance issued by the Securities and Exchange Commission, the Company records expenses and tax benefits related to stock-based compensation. As a result, the GAAP estimates for earnings per share provided below reflect the anticipated impact of stock-based compensation. The Company issues both nonqualified and incentive stock options; however, incentive stock options comprise a significant portion of outstanding stock options. The tax benefits associated with incentive stock options are unpredictable, as they are predicated upon an award recipient triggering an event that disqualifies the award and which then results in a tax deduction to the Company. GAAP requires that these tax benefits be recorded at the time of the triggering event. The triggering events for each option holder are not easily projected. In order to estimate the tax benefit related to incentive stock options, the Company makes many assumptions and estimates, including the number of incentive stock options that will be exercised during the period by U.S. employees, the number of incentive stock options that will be disqualified during the period and the fair market value of the Company's stock price on the exercise dates. Each of these items is subject to significant uncertainty. Additionally, a significant portion of the tax benefits related to disqualified incentive stock options is accounted for as an increase to equity (additional paid-in capital) rather than as a reduction in income tax expense, especially in the periods most closely following the adoption date of SFAS No. 123R. Although all such benefits continue to be realized through the Company's tax filings, this accounting treatment has the effect of increasing tax expense and reducing net income. For example, the Company realized a tax benefit of $4.5 million during 2007 related to disqualified incentive stock options; however, only $243,000 of such amount was recorded as a reduction in income tax expense. Because there are significant limitations in estimating the impact of SFAS No. 123R, including those discussed above, the actual impact of stock-based compensation on GAAP earnings per share may differ materially from the estimated amounts included in the guidance below.

First Quarter 2008 Guidance

The Company currently expects the following for the quarter ending March 31, 2008:



GAAP revenue in the range of                 $103 - $106 million
GAAP diluted earnings per share of           $0.24 - $0.26
Non-GAAP diluted earnings per share of       $0.33 - $0.34

Fiscal Year 2008 Guidance

The Company currently expects the following for the fiscal year ending December 31, 2008:



GAAP revenue in the range of                  $442 - $447 million
GAAP diluted earnings per share of            $1.12 - $1.19
Non-GAAP diluted earnings per share of        $1.48 - $1.51

Non-GAAP diluted earnings per share is a supplemental financial measure and should not be considered as a substitute for, or superior to, diluted earnings per share determined in accordance with GAAP.

MFG
Chali

"This is the largest supercomputing project ever completed in Korea. The overall cost of the computer and software is approximately 60 million U.S. dollars. We have already finished the introduction of this high-performance computing system, and we will start supporting customers' ANSYS simulations at the middle of this month," said Sik Lee, Ph.D., a leader at the KISTI Supercomputing Applications Team. "As part of the software procurement, we evaluated many commercial CAE codes, but the stability of products from ANSYS and the customer care provided by ATES gave us much confidence."

KISTI is planning to introduce a second supercomputing system by March 2009. "Its scale will be 280 teraflops," said B.T. Yang, Ph.D., a president at KISTI. "If this project is completed as planned, we expect that our supercomputing center will be ranked in the top 10 of 'Top 500 Supercomputer Sites,' which is the most well-known project that records the size of supercomputing sites worldwide."

"The KISTI Supercomputing Project reaffirms the ANSYS commitment to high- performance computing and the significant value it provides to users of engineering simulation at all levels. Our software has performance scalability specifically engineered into its design, such that our customers see tremendous performance gains with a corresponding increase in computing power," said Joe Fairbanks, vice president for global sales and support at ANSYS, Inc. "Korean organizations have long realized the benefits that can come from simulation-driven design, research and development, and their usage of simulation software from ANSYS continues to grow rapidly. ATES and ANSYS have worked closely with KISTI to provide this world-class organization with our software, which will be used by both Korean academia and industry for large-scale simulations. The project will be especially valuable to organizations with limited computational resources, which will be able to discover the benefits of performing large-scale CAE simulations with software from ANSYS."

FLUENT software, a CFD product from ANSYS, Inc., already is used by a large number of research and development engineers in the automotive industry. The development of FLUENT for CATIA V5 technology was motivated by the need to bring the superior fluid analysis capability of FLUENT software into the CATIA V5 environment. ANSYS engineers developed the product in concert with Honda to best respond to the automotive company's demanding requirements. Based on Honda's decision to choose both FLUENT and FLUENT for CATIA V5 technologies for flow simulation, engineers at Honda have been able to optimize their product development processes.

The decision to bring together technology from ANSYS used in conjunction with the CATIA V5 environment is consistent with the ANSYS philosophy of being an open CAE supplier via an adaptive architecture. "The success of this product stems from our ability to be able to work closely with our customers and satisfy their needs," said Joe Fairbanks, vice president, worldwide sales and support at ANSYS, Inc. "The enormous cooperation provided by Honda during the development period is greatly appreciated